ARTICLES ABOUT UPPER LIMIT BY DATE - PAGE 3

NEW DELHI: Coriander futures prices today hit daily upper limit by surging Rs 261 to Rs 6,772 per quintal on frantic buying by speculators driven by rising demand in the spot market amid restricted arrivals. At the National Commodity and Derivative Exchange, coriander for delivery in May shot up by Rs 261, or 4.01 per cent, to Rs 6,772 per quintal with an open interest of 12,060 lots. In a similar fashion, the spice for delivery in April jumped up by Rs 256, or 4 per cent, to Rs 6,656 per quintal in 30,440 lots.

NEW DELHI: Turmeric prices spurted to hit daily upper limit of four per cent to Rs 6,414 per quintal in futures trade today as speculators enlarged their positions, triggered by reports of lower output after farmers cut the area under cultivation. At the National Commodity and Derivatives Exchange, turmeric for delivery in April spurted by Rs 248, or 4.02 per cent to Rs 6,414 per quintal with an open interest of 27045 lots. Similarly, the spice for delivery in May jumped up by Rs 252, or 4.02 per cent to Rs 6522 per quintal in 7985 lots.

NEW DELHI: Coriander prices hit a daily upper limit by suring 4.01 per cent to Rs 6,720 per quintal in futures trade today as speculators enlarged their holdings in line with a firming spot markets trend on strong demand. Sentiment improved further as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the National Commodity and Derivative Exchange, coriander for April rose by Rs 259, or 4.01 per cent to Rs 6,720 per quintal, with an open interest of 32,680 lots.

MUMBAI: Shares of country's only listed microfinance company SKS Microfinance, today hit the upper circuit limit on the BSE after FIIs hike their stake in the company to record high of 31.77 per cent. Foreign investors have hiked their stake in SKS Microfinance to an all-time high of 31.77 per cent in the July-September quarter -- from a record low of 8.33 per cent at the end of preceding three-month period. Reacting to the development, the stock opened on a bullish note and then surged as much as 4.97 per cent to hit its upper circuit limit of Rs 126.50 on the BSE. The stock however, lost some ground and closed higher by 3.40 per cent at Rs 124.60.

NEW DELHI: Delhi Government today decided to expand scope of providing financial assistance to poor patients suffering from life threatening diseases like kidney and liver ailments. Health Minister A K Walia said government will now extend the benefit of the Delhi Arogya Kosh (DAK) to pensioners who fall within the eligibility criterion of the scheme. Under the scheme, government provides financial assistance to patients whose annual family income does not exceed Rs two lakh.

NEW DELHI: The DoT has said the upper limit of penalty for violation of guidelines by telecom companies will be Rs 50 crore in the new licensing regime, while regulator Trai's recommendation was Rs 10 crore. "The upper limit of penalty for violation of licence conditions will be Rs 50 crore per service area in each case," DoT said in guidelines (Notice Inviting Applications) for unified licences that will be issued to new telecom companies. The Telecom Regulatory Authority of India (Trai)

NEW DELHI: Country's largest insurer LIC today launched a non unit-linked single premium product Jeevan Vaibhav with minimum premium of about Rs 95,000. The policy is on the traditional platform where risk cover is the sum assured, which is almost double the premium chosen by the customer and offers guaranteed returns at maturity, LIC said in a statement. The plan, which is an ideal combination of insurance and returns, would be available for a limited period only up to a maximum of 120 days.

In upholding the Right to Free and Compulsory Education for all Children, commonly known as the Right to Education (RTE), the Supreme Court signalled the beginning of a new approach to education. It marks a shift from the current institution-centric system to one that puts children and their interests at the core. Most important, it is recognition of the pivotal role that education plays in a person's life, and that every child has the right to the opportunity of a good education giving her a fair shot at a better future.

In an interview to ET Now, Vijay Bhambwani , BSPLindia.com gives his view on Bank Nifty. What is your view about Bank Nifty? I am bullish about Bank Nifty , if it were to trade above the 8425 levels consistently with the upper limit on the profit taking side and if the markets rally between 8575 - 8650. Here again, you get 50 to 70 points profit after you start to shave off your positions.

After volatile months in the currency space, the storm does not show any signs of calming down. The rupee has depreciated more than 10% since the start of September — its worst quarter in the past decade. Domestic and global factors have been the main contributors to the volatility. On the domestic front, we see RBI raising the repo and reverse repo again by 0.25% in the Monetary Policy on October 25, which could hurt growth further. The major trend would be decided once a solution is reached in the meetings to solve the Eurozone crisis.